Columbia Pipeline Partners (CPPL) Raises Quarterly Dividend 4.3% to $0.18; 4.8% Yield
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Columbia Pipeline Partners LP Announces Increase to Quarterly Distribution
January 29, 2016 1:51 PM ESTHOUSTON, Jan. 29, 2016 /PRNewswire/ --Â The Board of Directors of CPP GP LLC, as general partner of Columbia Pipeline Partners LP (NYSE: CPPL) ("CPPL" or the "Partnership"), a Columbia Pipeline Group, Inc. (NYSE: CPGX) company, today approved a quarterly distribution payment of $0.18 per unit for CPPL, payable on February 19, 2016, to both common and subordinated unit holders of record at the close of business on February 11, 2016. This distribution represents an approximately 4.3 percent increase over the prior quarter's distribution of $0.1725 per unit.
"Despite the prolonged dislocation... More
